Insider Selling: eXp World Holdings, Inc. (NASDAQ:EXPI) CEO Sells $195,250.00 in Stock

eXp World Holdings, Inc. (NASDAQ:EXPIGet Free Report) CEO Glenn Darrel Sanford sold 25,000 shares of the stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $7.81, for a total value of $195,250.00. Following the completion of the sale, the chief executive officer now owns 39,653,400 shares in the company, valued at approximately $309,693,054. The trade was a 0.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Glenn Darrel Sanford also recently made the following trade(s):

  • On Monday, May 5th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The shares were sold at an average price of $8.94, for a total value of $223,500.00.
  • On Monday, April 28th, Glenn Darrel Sanford sold 20,000 shares of eXp World stock. The stock was sold at an average price of $8.80, for a total value of $176,000.00.
  • On Monday, April 21st, Glenn Darrel Sanford sold 20,000 shares of eXp World stock. The shares were sold at an average price of $8.62, for a total transaction of $172,400.00.
  • On Tuesday, April 15th, Glenn Darrel Sanford sold 20,000 shares of eXp World stock. The stock was sold at an average price of $9.39, for a total transaction of $187,800.00.
  • On Monday, April 7th, Glenn Darrel Sanford sold 20,000 shares of eXp World stock. The shares were sold at an average price of $9.22, for a total transaction of $184,400.00.
  • On Tuesday, April 1st, Glenn Darrel Sanford sold 20,000 shares of eXp World stock. The stock was sold at an average price of $9.80, for a total transaction of $196,000.00.
  • On Monday, March 24th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The stock was sold at an average price of $10.37, for a total transaction of $259,250.00.
  • On Monday, March 17th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The shares were sold at an average price of $9.76, for a total value of $244,000.00.
  • On Monday, March 10th, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The stock was sold at an average price of $9.76, for a total value of $244,000.00.
  • On Monday, March 3rd, Glenn Darrel Sanford sold 25,000 shares of eXp World stock. The stock was sold at an average price of $10.04, for a total value of $251,000.00.

eXp World Stock Performance

NASDAQ:EXPI opened at $7.89 on Friday. The firm has a 50-day simple moving average of $9.16 and a 200-day simple moving average of $11.02. eXp World Holdings, Inc. has a one year low of $6.90 and a one year high of $15.39. The firm has a market cap of $1.23 billion, a P/E ratio of -56.35 and a beta of 2.66.

eXp World (NASDAQ:EXPIGet Free Report) last issued its quarterly earnings data on Tuesday, May 6th. The technology company reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.12). The business had revenue of $954.91 million during the quarter, compared to the consensus estimate of $994.83 million. eXp World had a positive return on equity of 5.75% and a negative net margin of 0.47%. The business’s quarterly revenue was up 1.3% on a year-over-year basis. During the same period last year, the firm earned ($0.02) EPS. On average, research analysts predict that eXp World Holdings, Inc. will post 0.48 EPS for the current fiscal year.

eXp World Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 4th. Investors of record on Monday, May 19th will be paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.53%. The ex-dividend date is Monday, May 19th. eXp World’s dividend payout ratio (DPR) is currently -181.82%.

Institutional Investors Weigh In On eXp World

A number of hedge funds have recently made changes to their positions in EXPI. Barclays PLC lifted its position in shares of eXp World by 27.8% during the third quarter. Barclays PLC now owns 144,758 shares of the technology company’s stock valued at $2,040,000 after buying an additional 31,509 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of eXp World by 17.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 520,419 shares of the technology company’s stock worth $7,333,000 after acquiring an additional 75,431 shares in the last quarter. Nisa Investment Advisors LLC lifted its position in eXp World by 6.9% during the fourth quarter. Nisa Investment Advisors LLC now owns 75,965 shares of the technology company’s stock valued at $874,000 after acquiring an additional 4,913 shares during the last quarter. Blue Trust Inc. lifted its position in eXp World by 26.6% during the fourth quarter. Blue Trust Inc. now owns 32,573 shares of the technology company’s stock valued at $375,000 after acquiring an additional 6,840 shares during the last quarter. Finally, Pacer Advisors Inc. acquired a new stake in eXp World in the fourth quarter valued at approximately $60,767,000. 27.17% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, DA Davidson restated a “neutral” rating and set a $13.50 price target on shares of eXp World in a research note on Friday, February 21st.

View Our Latest Analysis on EXPI

About eXp World

(Get Free Report)

eXp World Holdings, Inc, together with its subsidiaries, provides cloud-based real estate brokerage services for residential homeowners and homebuyers. The company operates through North American Realty, International Realty, Virbela, and Other Affiliated Services segments. It provides Virbela, a cloud-based technologies that provides data, lead generation, and marketing tools for real estate agents and employees.

Further Reading

Insider Buying and Selling by Quarter for eXp World (NASDAQ:EXPI)

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